TOKYO, Apr 01 (Pulse News Wire) – Innovation Inc. (3970.T) reported today that there was no exercise of its eighth and ninth tranches of warrants (with price adjustment clauses) during the month of March 2026.
According to the report, neither the eighth nor the ninth tranche saw any deliveries of shares or exercises of warrant rights throughout the entire month. As of March 31, 2026, the number of unexercised warrants remained unchanged at 727 for the ninth tranche. For the eighth tranche, the total number of outstanding warrants remains at 1,000, while for the ninth tranche, it stands at 72,700.
There were no changes in the number of unexercised warrants for either tranche during the reporting period. Regarding the adherence to exercise restrictions based on the Tokyo Stock Exchange's Listing Regulations Article 434 and the Japan Securities Dealers Association’s Rules Governing Third-Party Allocation Equity Issues, the company stated that the exercise ratio did not exceed the stipulated limits. The total number of issued shares stood at 2,762,100 as of the end of February 2026, with self-held shares amounting to 100,000.
🟢 Confidence: High AI-translated content.